D.C. headed for another financial meltdown

Published



The District of Columbia has a much bigger financial problem than next year’s publicly acknowledged $600 million budget gap, warned David Mallof, first vice president of the Federation of Civic Associations of D.C. in written testimony he submitted Wednesday morning to the District Council’s Committee on Finance and Revenue.

Here’s a black-and-white snapshot of what Mallof calls a “a crash in slow motion”:

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